Chardon Marc 4
4 · BLACKBAUD INC · Filed May 7, 2013
Insider Transaction Report
Form 4
BLACKBAUD INCBLKB
Chardon Marc
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
2013-05-03$30.41/sh−6,362$193,468→ 80,574 total - Sale
Common Stock
2013-05-03$31.00/sh−1,400$43,400→ 0 total(indirect: By Spouse) - Exercise/Conversion
Stock Appreciation Right
2013-05-03−48,974→ 16,325 totalExercise: $22.34Exp: 2016-11-11→ Common Stock (48,974 underlying) - Exercise/Conversion
Common Stock
2013-05-03$21.44/sh+100,000$2,144,000→ 158,883 total - Exercise/Conversion
Common Stock
2013-05-03$22.34/sh+48,974$1,094,079→ 122,914 total - Tax Payment
Common Stock
2013-05-03$30.41/sh−14,439$439,090→ 73,940 total - Sale
Common Stock
2013-05-03$30.91/sh−21,691$670,469→ 58,883 total - Exercise/Conversion
Stock Appreciation Right
2013-05-03−100,000→ 0 totalExercise: $21.44Exp: 2017-02-10→ Common Stock (100,000 underlying) - Disposition to Issuer
Common Stock
2013-05-03$30.41/sh−70,504$2,144,027→ 88,379 total - Disposition to Issuer
Common Stock
2013-05-03$30.41/sh−35,978$1,094,091→ 86,936 total
Holdings
- 55,380
Stock Appreciation Right
Exercise: $26.17Exp: 2015-02-13→ Common Stock (55,380 underlying) - 104,167
Stock Appreciation Right
Exercise: $26.79Exp: 2017-11-07→ Common Stock (104,167 underlying) - 100,000
Stock Appreciation Right
Exercise: $22.58Exp: 2017-05-10→ Common Stock (100,000 underlying) - 100,000
Stock Appreciation Right
Exercise: $24.00Exp: 2017-08-10→ Common Stock (100,000 underlying)
Footnotes (8)
- [F1]Represents shares forfeited to the Issuer in connection with the satisfaction of tax liabilities incurred upon the exercise of stock appreciation rights.
- [F2]This transaction was executed in multiple trades ranging from $30.69 to $31.30. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F3]Represents a stock appreciation right which vested 100% on November 10, 2010, and shall be settled in stock at time of exercise.
- [F4]Represents a stock appreciation right which vests in four equal installments beginning on November 10, 2010, subject to continued employment, and shall be settled in stock at time of exercise.
- [F5]Represents a stock appreciation right which vested in four equal installments beginning on February 12, 2009, subject to continued employment, and shall be settled in stock at time of exercise.
- [F6]Represents a stock appreciation right which vested 100% on November 10, 2011, and shall be settled in stock at time of exercise.
- [F7]Represents a stock appreciation right which vested 100% on November 12, 2012, subject to continued employment, and shall be settled in stock at time of exercise.
- [F8]Represents a stock appreciation right which vests in four equal annual installments beginning on November 8, 2011, subject to continued employment, and shall be settled in stock at time of exercise.